Trip.com Group (NASDAQ:TCOM) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥53.3b (up 20% from FY 2023).
- Net income: CN¥17.1b (up 72% from FY 2023).
- Profit margin: 32% (up from 22% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: CN¥26.10 (up from CN¥15.19 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Trip.com Group EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.6%.
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Hospitality industry in the US.
Performance of the American Hospitality industry.
The company's shares are down 2.1% from a week ago.
Valuation
Our analysis of Trip.com Group based on 6 different valuation metrics shows it might be undervalued. Click here to view our comprehensive analysis and gain insights into the stock's investment prospects.
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